Belokons to become president at English football club "Blackpool" June 19

RIGA, May 19 (LETA) - Latvia's businessman Valerijs Belokons will be appointed as a director and the president of the English "Blackpool" football club at the next club board meeting on June 19, according to the "Blackpool" website.

BBC reports that Belokons has agreed to invest GBP 5 million (LVL 5.18 million) in "Blackpool".

As the "Blackpool" president, Belokons will be in charge of signing new players and strengthening the club for the next season.

"Belokon Holdings" will receive shares to be approved in an extraordinary general meeting on 19 June.

Belokons said: "I feel very proud to be the president of such a wonderful football club with such a prestigious history and tradition. It is my firm ambition to see "Blackpool" Football Club in the Premier League, which is why I will invest heavily in the club. I wish to make a total commitment to "Blackpool" Football Club and I am confident that we will achieve promotion to the Championship and eventually play in the Premier League," according to the club's website.

Karl Oyston and Simon Grayson, the manager of "Blackpool" football club, and a group of interested parties, including media colleagues, are meeting with Belokons in Latvia today, the club delegation is also visiting the Latvian Soccer Federation and some of the country's leading clubs.

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